Survey shows that Hong Kong is the first port of call of Chinese mainland, including the YRD enterprises seeking partners and professional services. With the mainland accelerating the pace of “going out” and “bringing in”, this is bound to provide more opportunities for Hong Kong service providers.
WeChat stores have empowered an army of small volume e-commerce operators. As the mainland sector matures, can these players – many of them based in overseas markets – survive both increased competition and new legislation?
Online CBA: What requirements do software enterprises in China have to satisfy to enjoy preferential income tax exemption and deduction?
For software enterprises in China to enjoy a reduced enterprise income tax rate of 15%, they must satisfy certain requirements. For examples, they must obtain a software enterprise recognition certificate; their core business must be software development and production, system integration, application service and other related technical services; enterprises purely engaged in software trading are not entitled to the concession.